Cryptocurrency Market Update
The cryptocurrency market experienced mixed movements during morning trading on Monday. Here's a breakdown of the major price changes:
Declines:
Polygon (MATICUSD): The largest decline was seen in Polygon, which dropped 3.35% to 80 cents.
Uniswap (UNIUSD): Uniswap also experienced a reduction of 1.26% and reached $6.05.
Dogecoin (DOGEUSD): Dogecoin slightly inched down by 0.78% to 8 cents.
Cardano (ADAUSD): Cardano rounded out the decreases with a slide of 0.14% to 51 cents.
Increases:
Polkadot (DOTUSD): Polkadot led the increases, climbing by 1.65% and reaching $7.21.
Solana (SOLUSD): Solana rose by 1.58% to $94.37.
Bitcoin (BTCUSD): Bitcoin saw a climb of 1.35% and reached $44,844.50.
Ethereum (ETHUSD): Ethereum ticked up by 1.00% to $2,263.00.
Ripple (XRPUSD): Ripple rounded out the increases with a slight uptick of 0.01% to 1 cent.
Crypto-related Company News:
Several crypto-related companies also experienced fluctuations in their stock prices:
Coinbase Global Inc. (COIN): Shares of Coinbase Global Inc. fell by 3.55% to $148.51.
MicroStrategy Inc. (MSTR): MicroStrategy Inc. saw a decline of 4.06% and reached $605.43.
Riot Platforms Inc. (RIOT): Riot Platforms Inc. experienced a decrease of 1.58% to $14.60.
Marathon Digital Holdings Inc. (MARA): Shares of Marathon Digital Holdings Inc. fell by 3.32% to $23.32.
Square Inc. (SQ): Block Inc. rose by 1.40% to $67.90.
Tesla Inc. (TSLA): Tesla Inc. saw a slight increase of 0.23% and reached $238.03.
PayPal Holdings Inc. (PYPL): PayPal Holdings Inc. rose by 0.88% to $60.65.
Ebang International Holdings Inc. (EBON): Ebang International Holdings Inc. shares dropped by 9.44% to $12.05.
NVIDIA Corp. (NVDA): NVIDIA Corp. increased by 3.88% to $510.02.
Advanced Micro Devices Inc. (AMD): Advanced Micro Devices Inc. climbed by 3.14% to $142.93.
Fund Space:
In the fund space, the following funds experienced changes:
Amplify Transformational Data Sharing ETF (BLOK): The blockchain-focused ETF, Amplify Transformational Data Sharing ETF, slid by 0.87% to $28.37.
Bitwise Crypto Industry Innovators ETF (BITQ): The Bitwise Crypto Industry Innovators ETF, which focuses on pure-play crypto companies, declined by 2.39% to $10.62.
Grayscale Bitcoin Trust (GBTC): Grayscale Bitcoin Trust, which tracks the Bitcoin market price, climbed by 0.39% to $37.31.
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